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Derivatives finally explained
Heidi is the proprietor of a bar in Detroit. In order to increase sales, she decides to allow her loyal customers - most of whom are unemployed alcoholics - to drink now but pay later....
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Hey everyone, The 70% rule seems absurd. If the contract we have goes through on my current flip I should make $69,000 in profit on a property that came out to an 85% ARV-repairs. What am I missing? Teach me please...
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What do you think the next few years are going to bring to the Tacoma Market? Do you think we're at the absolute Peak? And if so do you think we're going to drop or do you think we're going to continue to climb and ...
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Due to the recent MERS outbreak, the image many have a Korea is probably this:But there’s a dedicated group of MeetUp Members out here who aren’t letting MERS, rain, or the fact it’s Saturday stop them from pursuing t...
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With this post, I officially pass Josh Dorkin in posts and move into the #10 position on these forums. Coming for @Ned Carey next who is in the #9 position.https://www.biggerpockets.com/stats
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Hi all,
I moved to the Bay Area about 2 years ago, been saving a while, bought and sold once before in Pittsburgh before moving here, and now looking to buy again. Looking to discuss and be advised by community / men...
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Hey BP members,
I'm confused about a topic and I'm hoping someone could help me and possibly others understand. I have a couple questions:
1)
I know that when inflation increases it causes home prices to increase a...
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I have learned that buying properties that already have tenants renting is a good way to invest. I've looked at possible expenses related to this, but wonder if there is a 'simple formula' to quickly vet the potential...
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The U.S. Government’s HAMP Program (Home Affordable Modification Program) is about to expire. Over $1 MM homeowners were able to take advantage of this program in 2009, which provided a sharp drop in the interest r...
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I am looking for a quick consultation on my rights as a landlord given the relatively new Rent Control laws in Richmond. Anyone have a recommendation?